Inox Wind to Invest INR 400 Crore in Wind Blade Manufacturing Plant in Karnataka
Inox Wind plans to invest INR 400 crore in a wind-blade manufacturing plant at Kushtagi, Koppal in Karnataka, according to Karnataka's Minister for Large and Medium Industries, and Infrastructure Development, M.B. Patil. The project will be established on 70 acres of Karnataka Industrial Areas Development Board (KIADB) land in Kyadiguppa, Kushtagi in Koppal district.
Investment Structure and Facility Details
The investment will be implemented in phases, starting with an initial INR 300 crore, followed by INR 100 crore for wind tower fabrication. The facility will combine both wind-blade manufacturing and tower plant operations on the allocated land parcel.
Minister M.B. Patil met with Santosh Khairnar, President – Corporate Strategy, Inox Wind, to discuss the major investment in Karnataka's renewable energy sector. The Karnataka Industrial Areas Development Board has allotted 70 acres of land specifically for this project in the Koppal district.
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Economic Impact and Employment Generation
The project is expected to create hundreds of local jobs and provide a significant boost to the regional economy. Minister Patil emphasized that the initiative will generate substantial local employment opportunities while strengthening green manufacturing capabilities in the region.
The investment is positioned to contribute to Kalyana-Karnataka's industrial growth, with the state government committed to extending full support to ensure smooth execution of the project.
Government Support and State Investment Climate
Karnataka's government has pledged complete support for the project's implementation. Minister Patil stated that the government will extend full support to ensure the smooth execution of the wind manufacturing facility.
The Minister highlighted Karnataka's position as an investor-friendly state, trusted by both domestic and global investors. He emphasized the state's advantages, including skilled talent, strong infrastructure, and a supportive business ecosystem, which make Karnataka a preferred investment destination for renewable energy projects.
Also Read: UK National Wealth Fund Provides Loan to Support £28m Great Yarmouth Offshore Wind Hub Project
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